Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5676.0 - Business Indicators, Australia, Dec 2008  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/03/2009   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

DECEMBER KEY FIGURES

Sep Qtr 08 to Dec Qtr 08
Dec Qtr 07 to Dec Qtr 08
%
%

Sales of goods & services (Chain vol. meas.)
Manufacturing
Trend
-1.3
-0.6
Seasonally Adjusted
-2.3
-1.7
Wholesale trade
Trend
-1.3
-0.6
Seasonally Adjusted
-4.0
-2.8
Inventories (Chain vol. meas.)
Trend
-0.2
2.1
Seasonally Adjusted
-1.9
1.4
Company gross operating profits
Trend
1.0
(a)na
Seasonally Adjusted
-6.5
19.7
Wages and salaries
Seasonally Adjusted
0.2
6.5

na not available
(a) See paragraph 24 of the Technical Note for more information.

Inventories (volume terms), Trend estimates - Quarterly change
Graph: Inventories (volume terms)

Company gross operating profits (current prices), Trend estimates - Quarterly change
Graph: Company gross operating profits (current prices) Trend estimates Quarterly change




DECEMBER KEY POINTS


CHAIN VOLUME ESTIMATES
  • The trend estimate for inventories fell 0.2% in the December quarter 2008. The seasonally adjusted estimate fell 1.9% this quarter.
  • The trend estimate for Manufacturing sales of goods and services fell 1.3% this quarter. The seasonally adjusted estimate fell 2.3%.
  • The trend estimate for Wholesale trade's sales of goods and services fell 1.3% this quarter. The seasonally adjusted estimate fell 4.0%.


CURRENT PRICE ESTIMATES
  • The seasonally adjusted estimate for company gross operating profits fell 6.5% in the December quarter 2008.
  • The seasonally adjusted estimate for wages and salaries rose 0.2% in the December quarter 2008.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2009 1 June 2009
June 2009 31 August 2009
September 2009 30 November 2009
December 2009 1 March 2010



INTERPRETING TREND ESTIMATES

The trend series in this publication should be interpreted with caution as, in addition to the seasonal influences usually evident in the December quarter, the underlying behaviour of a number of series may have been impacted by global economic conditions and the Federal Government's Economic Security Package implemented in December 2008.


COMPARISON BETWEEN COMPANY GROSS OPERATING PROFITS AND GROSS OPERATING SURPLUS

Price changes have had an impact on the value of inventories held by Australian businesses this quarter. An inventories valuation adjustment (IVA) is applied in the calculation of the gross operating surplus of private non-financial corporations (GOS) estimate in the Australian National Accounts. As prices for inventories have risen in the December quarter, growth in GOS will be lower after the application of the IVA. The IVA for the December quarter is $4104m which is $384m higher than the September quarter IVA of $3720m. No adjustment is made to the company gross operating profits (CGOP) estimate in this publication and, as a result, users should exercise caution when comparing the two series. It should be noted that there are other differences between the two series. In particular, changes are made to GOS when annual benchmarks are applied and slightly different seasonal factors apply to the two series. Given this, while CGOP movements are an appropriate indicator for GOS, the two series will not have equivalent seasonally adjusted movements from quarter to quarter.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Didier Rivet on Sydney (02) 9268 4900.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.